Cordea Savills, the international property investment manager, has formed a full service investment platform in Japan. It will build upon the well-established existing business of Merchant Capital, an independent real estate-focused Japanese merchant bank. This will complement Cordea Savills’ existing Asian operations which has offices in Hong Kong and Singapore.
Merchant Capital was founded in 2005 by key members of Merrill Lynch’s Japanese real estate principal investment business, and it invests on behalf of a range of institutional and private investors. The two managing partners, Tom Silecchia and Tadaaki Kurozumi, will continue to work with their existing clients as well as new investors and form part of the Cordea Savills management team in Asia.
Cordea Savills in Japan will service clients looking to invest in Japan, an increasingly favoured destination for capital. Products offered by Cordea Savills will range from pooled funds through to single asset mandates. The initial focus will be both on the commercial and residential sectors where exposure can be gained to a range of risk/return profiles.
